CBI Files FIR against Chanda Kochhar in ICICI-Videocon Loan Case

The Central Bureau of Investigation (CBI) on Thursday, 24 January, enrolled a FIR regarding affirmed abnormalities in the Rs 3,250 crore ICICI Bank-Videocon advance cases and is completing quests at the gathering base camp in Mumbai and workplaces in Aurangabad, authorities said.

The agency additionally named Chanda Kochhar, previous CEO of ICICI bank, as charged in the advance case.

The pursuit activity began on Thursday morning and secured workplaces of Nupower, an organization worked by ICICI Bank's previous CEO Chanda's significant other Deepak Kochhar, and Supreme Power.

It is alleged that Videocon promoter Venugopal Dhoot allegedly invested crores of Rupees in Nupower, months after the Videocon group got Rs 3,250 crore as loan from the ICICI Bank in 2012, they said.

The agency had registered a preliminary enquiry against Videocon promoter Venugopal Dhoot, Deepak Kochhar and unidentified others in March last year.

A PE is a precursor before the agency lodges an FIR to probe criminal charges on the basis of evidence collected during the former exercise.

The office has now changed over it into a FIR, which implies an out and out examination has been begun by the office after enrolment of a case. The subtleties of the FIR and names of the charged are anticipated, authorities said.

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